America’s advantages over Europe include the world’s reserve currency and a growing economy. Europe’s disadvantage can be summed up in one word: France
America’s 706 biggest corporations paid an average federal tax rate of just 10.4% on $1.88 trillion in US profits last year, per the Institute on Taxation and Economic Policy.
That’s the lowest rate in more than 40 years of the group’s research, below even the 11.2% after Reagan’s tax cuts in 1982, and less than half the official 21% rate.
114 of the companies paid nothing at all, including Tesla, Disney, CVS, Citigroup, United Airlines and DoorDash.
American studios are losing ground to Chinese rivals that can make games quicker, cheaper and more profitably.
🎨: Photo Illustration: Israel G. Vargas; Photographs: Getty Images, Alamy, Bloomberg
Americans are increasingly turning to credit cards as financial pressures mount, new reports show.
Collectively, credit card balances climbed by $22 billion in the third quarter to a record $1.29 trillion, according to the Federal Reserve Bank of New York’s latest household debt report, released Tuesday. Balances are up 4.2% from a year earlier.
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America has been home to generations of people who fled communism, religious persecution, and authoritarian governments. They came because America represented something different. It offered the possibility of living without the state or a religious authority dictating every aspect of their lives. And yet I now watch Americans celebrating political ideas and alliances without asking the questions whose answers history has already taught us.
And among those that truely wished to escape came along a large number whose mission was infiltration and subversion. To shift the ideology ever so slightly. Step by step. And it worked.
Misandry and racism are quite openly practiced against white men as well. Islam’s teachings are acceptable and condemnable, the christians and their teachings belong to the prison.
What did anyone expect? Even war criminals flee into the US, and then have their family run for congress or senate.